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EXHIBIT 11
The Geon Company
Earnings Per Share (EPS)
(In millions, except per share data)
Three Months Ended Nine Months Ended
September 30, September 30,
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1998 1997 1998 1997
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BASIC EARNINGS PER COMMON SHARE:
Number of Shares:
Average shares of common stock outstanding 23.4 23.2 23.3 23.4
Less: Average shares of contingently issuable restricted stock outstanding (0.4) (0.4) (0.4) (0.4)
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Total common shares outstanding for basic EPS 23.0 22.8 22.9 23.0
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DILUTED EARNINGS PER COMMON SHARE:
Number of Shares:
Average shares of common stock outstanding 23.4 23.2 23.3 23.4
Net effect of dilutive stock options based on treasury stock
method using average market price .2 .2 .3 .2
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Total common and common equivalent shares outstanding for diluted EPS 23.6 23.4 23.6 23.6
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Net income per share of common stock
Basic $ .27 $ .47 .73 $ .83
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Diluted $ .26 $ .45 .71 $ .81
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